State tax revenues surged by 14 percent in September – a new record that follows ten months of double-digit growth in a row. State Treasurer Ken Miller said gross tax receipts of $1.2 billion during the past month are the highest September total on record. Cumulative gross receipts from the past 12 months, at $12.5…
The Oklahoma Department of Corrections wants $1,570,000,000.00 for the next fiscal year including $844,000,000.00 to add 5,200 beds, $91,700,000.00 for inmate hepatitis C treatment, $31,900.000.00 for facility repairs, maintenance and other needs, and $18,500,000.00 million for staff pay raises. Last week, the Oklahoma Board of Corrections unanimously approved, according to board chairman State Rep. Bobby…
On Tuesday, state voters will pick a new governor and First District citizens will select a new representative for the U.S. House. Gov. Mary Fallin is term limited and will be replaced by either Republican Kevin Stitt, Democrat Drew Edmondson or Libertarian Chris Powell. First District Congress is an open seat due to the retirement…
A survey conducted by Professional Oklahoma Educators indicates that almost 80 percent of teachers, administrators and support staff do not support SQ 801, which calls for a vote of the people on the November ballot to amend the state constitution. If passed, SQ 801 would allow local school districts to use money from property taxes,…
The biggest tax increase in Oklahoma history was completely unnecessary. Every month, State Treasurer Ken Miller reports record-breaking revenues from virtually every revenue stream. A conservative estimate is that the state will see a budget surplus of more than $1.3 billion even when you don’t take into account money from the new taxes on cigarettes,…
Since PRESDT-45 has put in place tariffs on imports from nations (who have done the same to our exports to them), there has been a continuing outcry in media, at least in the local daily paper, that this will result in much higher prices for purchases here. That seems to be obvious, of course, but…
As expected, state tax revenues soared in September in the first full month’s impact of the largest tax increase in Oklahoma history. Revenues jumped by 14 percent compared to September of 2017. The $1,200,000,000.00 collected was the highest total ever in the history of the state for that month. The $12,500,000,000.00 for the past 12…
City officials are drawing up plans to spend more taxpayer money – perhaps another $100,000,000.00 on Downtown projects. They are crafting a plan to submit to the Tulsa Metropolitan Area Planning Commission that potentially spend tens of millions of dollars around the BOK Arena – an area that stretches from Boulder Avenue, 11th Street and…
Some taxpayers in California are revolting. Actually, the level of taxation in California is revolting. There is an initiative effort to roll back the recent gasoline tax in California and part of that campaign is to stop the $77,000,000,000.00 high-speed rail project. California’s liberal Democrat leadership is pushing this huge money pit that is increasing…
Huge tax increase starts showing up in receipts After more than a year of steady growth, state revenues are soaring as the highest tax increase in state history kicks in. Oklahoma’s gross revenue in August, which provides a broad overview of state economic activity, shows double-digit expansion over the past 12 months, State Treasurer Ken…